Skip to content
Social Security Online
Actuarial Publications
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables

Description of Proposed Provision:
Apply a 6 percent payroll tax on earnings above the current-law taxable maximum starting in 2017. Do not provide benefit credit for earnings above the current-law taxable maximum.

 

Financial Estimates for the OASDI Trust Fund Program

 
  Proposal
  Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

Trust fund
ratio as of
January 1
Expressed as a percentage of
present-law taxable payroll
Calendar
year
Cost
rate
Income
rate
Annual
balance

Cost
rate
Income
rate
Annual
balance
201614.0512.94-1.10
303
0.000.000.00
201713.7214.070.35
293
0.001.151.15
201813.8514.190.33
285
0.001.231.23
201913.9814.190.21
278
0.001.231.23
202014.1314.200.07
270
0.001.221.22
202114.2714.21-0.05
263
0.001.211.21
202214.4914.24-0.25
255
0.001.201.21
202314.7514.25-0.51
245
0.001.191.19
202415.0214.27-0.75
235
0.001.181.18
202515.2814.28-1.00
224
-0.011.171.17
202615.4614.30-1.17
214
-0.011.171.17
202715.6414.31-1.33
203
-0.011.171.18
202815.8114.33-1.48
193
-0.011.171.18
202915.9614.34-1.62
183
-0.011.171.18
203016.0914.35-1.74
173
-0.011.171.18
203116.2114.36-1.85
163
-0.011.171.18
203216.3214.37-1.95
153
-0.011.171.18
203316.4014.38-2.02
142
-0.011.171.18
203416.4514.38-2.07
131
-0.011.171.18
203516.4814.39-2.10
120
-0.011.171.18
203616.5414.39-2.15
109
-0.011.171.19
203716.5814.40-2.19
97
-0.021.171.19
203816.6014.40-2.20
85
-0.021.171.19
203916.5914.40-2.19
73
-0.021.171.19
204016.5714.40-2.17
61
-0.021.171.19
204116.5414.40-2.14
48
-0.021.171.19
204216.5114.40-2.11
36
-0.021.171.19
204316.4814.40-2.07
24
-0.021.171.19
204416.4514.40-2.04
12
-0.021.171.20
204516.4314.40-2.02
0
-0.021.171.20
204616.4014.40-2.00
----
-0.021.171.20
204716.3814.40-1.97
----
-0.031.171.20
204816.3614.40-1.95
----
-0.031.171.20
204916.3414.41-1.94
----
-0.031.171.20
205016.3314.41-1.92
----
-0.031.171.20
205116.3314.41-1.92
----
-0.031.171.20
205216.3414.41-1.93
----
-0.031.171.21
205316.3614.41-1.95
----
-0.031.171.21
205416.3914.41-1.98
----
-0.031.171.21
205516.4314.42-2.01
----
-0.041.171.21
205616.4714.42-2.05
----
-0.041.181.21
205716.5214.43-2.09
----
-0.041.181.21
205816.5714.43-2.14
----
-0.041.181.22
205916.6214.43-2.18
----
-0.041.181.22
206016.6614.44-2.23
----
-0.041.181.22
206116.7114.44-2.27
----
-0.041.181.22
206216.7614.45-2.32
----
-0.041.181.22
206316.8114.45-2.36
----
-0.041.181.22
206416.8614.45-2.41
----
-0.051.181.22
206516.9114.46-2.45
----
-0.051.181.22
206616.9614.46-2.50
----
-0.051.181.23
206717.0114.47-2.55
----
-0.051.181.23
206817.0614.47-2.60
----
-0.051.181.23
206917.1214.47-2.64
----
-0.051.181.23
207017.1714.48-2.69
----
-0.051.181.23
207117.2114.48-2.73
----
-0.051.181.23
207217.2514.48-2.77
----
-0.051.181.23
207317.2914.49-2.80
----
-0.051.181.23
207417.3214.49-2.83
----
-0.051.181.23
207517.3414.49-2.85
----
-0.051.181.23
207617.3514.49-2.86
----
-0.051.181.23
207717.3614.50-2.86
----
-0.051.181.23
207817.3614.50-2.86
----
-0.051.181.24
207917.3514.50-2.86
----
-0.051.181.24
208017.3514.50-2.85
----
-0.051.191.24
208117.3514.50-2.85
----
-0.051.191.24
208217.3514.50-2.86
----
-0.051.191.24
208317.3714.50-2.87
----
-0.051.191.24
208417.3914.50-2.89
----
-0.051.191.24
208517.4214.50-2.91
----
-0.051.191.24
208617.4514.51-2.95
----
-0.051.191.24
208717.4914.51-2.98
----
-0.051.191.24
208817.5314.51-3.02
----
-0.051.191.24
208917.5814.52-3.06
----
-0.051.191.24
209017.6214.52-3.11
----
-0.051.191.24
209117.6714.52-3.15
----
-0.051.191.24



 

Summarized Estimates

 
  Proposal
  Change from Present Law
Years Cost
rate
Income
rate
Actuarial
balance

Year of reserve
depletion
1

Cost
rate
Income
rate
Actuarial
balance
 
Based on Intermediate Assumptions of the 2016 Trustees Report.
2016-2090 16.47% 15.01% -1.47%
2045
-0.03% 1.16% 1.19%
 
1 Under present law, the year of Trust Fund reserve depletion is 2034.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified June 16, 2016